Feb 15 2018 52479 1

If you are selling and plan to buy a replacement home, what is the best way to go about it? Timing is so important to avoid selling and not having a new home to move into. However, there are things that a seller and/or buyer can't control and that may result in needing a Plan B. The best preventative for a smooth transaction is to seek the advice of a Realtor.

You may not be able to immediately find the home you want to move to

Your home may not sell as quickly as hoped

Buyers and Sellers may have unexpected roadblocks that hold up or cancel the transaction

Repair or Appraisal issues may present delays

It may not be possible to perfectly coordinate moving dates with all parties

Right now inventory of homes for sale is low, which is good for you as a seller but can be a challenge for you as a buyer. The best thing is to have a plan should there be a delay between the closing of your sale and closing of your new purchase. Have a place to move short term (family, short term rental, hotel for a weekend) and arrange for a storage unit. Your Realtor can help!